EUR/JPY 30/30
August 28, 2008
It’s a double whammy day. We had a loss of 60 pips. Both stop buy and sell orders hit the wall today. It was a ranging market during the European session. First, the stop sell order 160.84 was filled. As soon as it was filled, the price movement turned around and hit our stop loss. The same action repeated itself when the stop buy order was filled. Oh well, better luck tomorrow.
